You're seeing a supply sprint, but have you analyzed if the demand surge is organic or driven by recent changes in your catalog?

I think you're onto something with the demand bottleneck theory — we've seen similar trends in our own scaling efforts, where growth slowed despite increased outreach; what makes you think catalog growth isn't keeping pace with volume?

What was the bottleneck in settlement that led to only 3 more hires getting cleared, was it on the demand or supply side?

You mention a demand bottleneck, but have you considered that the market might be responding to changes in supply quality rather than quantity?